Price: $1,250,000
Location: Wake County, NC
Industry: Italian Restaurants
Listing ID: 16957411-NI
Listing Status: New
Restauranteurs, investors, and people who like to make money... Don't miss this amazing opportunity to take over this high revenue, high cash flow Italian restaurant.
- Established brand and customer base
- Proven business model
- Trained and experienced staff
- Prime area with good foot traffic and visibility
- Top line Furniture and Equipment
- Seller Financing Available!
This is an exciting chance to provide a sense of community involvement. This restaurant has been a part of it's community for many years and has continued to grow and be supported due to it's location, quality of food, and the community involvement that have including a popular and always sold out wine event.
The restaurant is fully staffed and the concept is high end; significant wine sales and high tickets. They don't cut corners here and the results are an incredible, independent brand that will make high six figure earnings for the next owner.
Inquire today, this opportunity will NOT last long!
Down Payment: N/A
Total Sales: $3,200,000
Cash Flow: $787,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $200,000
FFE Included: Yes
Inventory: $40,000
Inventory Included: Yes
Year Established: 2016
Non-Owner Payroll: N/A
Employees: 38
Absentee Owner: No
Real Estate: N/A
Monthly Rent: $17,459
Type of Location: Retail Location
Square Footage: 4798
Franchise: No
Relocatable: No
Facilities Information: Restaurant space with dining room, bar, event space, kitchen located in high end shopping center
Reason For Sale: Health Reasons
Training & Support: 2 weeks from seller after sale
Competition: Located in high net worth zip code
Potential Growth: Grow lunch crowd, add more loyalty events, book more event space activity, add delivery and corporate accounts
Financing/Terms: Seller financing available. 500k down with 750k seller note to qualified buyers
